#angiesdiary #paulcollins #wallstreet #corporatecorruption #PrivateEquity Using #BackFloatingRateLoans to kill #Business
www.youtube.com/shorts/vWQyr...
angiesdiary.com/economy/back...
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#angiesdiary #paulcollins #wallstreet #corporatecorruption #PrivateEquity Using #BackFloatingRateLoans to kill #Business
www.youtube.com/shorts/vWQyr...
angiesdiary.com/economy/back...
There was a time that you didn't know what a #CreditDefaultSwap was But in 2008 the greed that led to their creation caused the Great Recession There is a new financial instrument for you to learn about that may be worse - #BackFloatingRateLoans Watch youtu.be/A76JyE8eEpg?...
IMPORTANT THREAD
Private Equity corps like Blackrock, have taken out 3.8 TRILLION dollars in something called #BackFloatingRateLoans on a swath of retail businesses.